Arab Today, arab today qatar signs french partnership
Last Updated : GMT 18:31:22
Arab Today, arab today
Arab Today, arab today

Qatar signs French partnership

Arab Today, arab today

Arab Today, arab today Qatar signs French partnership

Doha - Agencies

French state-owned bank Caisse des Depots and Qatar’s sovereign fund Qatar Holding said on Saturday they signed a memorandum of understanding (MoU) to co-invest in small and medium businesses in France. The partnership will have capital of 300 million euros ($389 million) and invest in companies “engaged in sectors with high growth potential and where both Qatar Holding and Caisse des Depots have common interests,” the joint statement said. Qatar Holding (QH) is a global investment house established in 2006, founded by the Qatar Investment Authority (QIA).

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